Daniela Berakova's Blog (12)

Executive pay? What is the proportion of financial benefits in terms of the annual incomes of managers?

Financial benefits are an attractive source of money and are able to significantly augment the fixed component of one’s annual income. Employers use these benefits to motivate employees throughout the calendar year and to thank them for the work they performed at the end of the fiscal year.
It is important…
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Added by Daniela Berakova on January 14, 2019 at 4:00am — No Comments

Higher education brings more dynamic salary growth

University education pays off according to the Paylab.com international portal. This analysis has found that the level of attained education is a key factor influencing the salary and salary growth of individuals during…

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Added by Daniela Berakova on June 6, 2018 at 3:30am — No Comments

The potential of a promising career increases employee loyalty

In general, loyal employees working for one employer for more than 5 years are in the minority on the labour market at only 27.5%. The largest group was those who were employed for less than 2 years.

This is the results of …

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Added by Daniela Berakova on March 21, 2018 at 6:02am — No Comments

Which candidates are more money oriented? What do they prefer when considering a new job?

Changing job is still the most preferred strategy for employees seeking to increase income

Employees who feel underpaid are much more likely to look for a new, better-paid job as the most acceptable way to increase their income. This option is favoured by 65%, i.e. the majority, of employees who regard their income as inadequate…

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Added by Daniela Berakova on February 15, 2018 at 4:00am — No Comments

What is the difference between Christmas bonus and Year-end Bonuses?

The end of the year brings with it the year's most beautiful holidays and the opportunity for businesses to review their performance in 2017. Financial statements are getting closer and managers assess performance based on defined plans, while making an effort to express their thanks for the effort shown by their employees. Every company has its…

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Added by Daniela Berakova on December 22, 2017 at 7:00am — No Comments

Why companies do not underestimate the strength of their employees’ social contacts?

Companies do not underestimate the strength of their employees’ social contacts. Just the opposite, they’ve begun to reward them if they help bring new and skilled help into the firm.

Every employee knows someone who knows someone else, and their neighbour has a guy who’d be perfect for a specialised position in…

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Added by Daniela Berakova on November 27, 2017 at 2:00am — No Comments

People leave managers, not companies. What qualities are todays leaders lacking the most?

Employees agree that modern leaders suffer from an acute lack of fairness, sincerity, communicativeness and willingness. These are traits and behaviours that employees rarely see in their bosses and mention most often. Poor level of these qualities in management is key driver for employee dissatisfaction and disappointment.…

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Added by Daniela Berakova on October 24, 2017 at 7:30am — No Comments

Five sensitive things concerning the generation of millennials – millennials as employees

The current generation of young adults born in the 1980s and 90s have rewritten the standards which had previously been commonplace in the workplace. For traders, this is a strategic purchasing power - for employers, it is an interesting…

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Added by Daniela Berakova on September 12, 2017 at 9:30am — 1 Comment

Expats versus locals? What is relevant compensation and benefit package for new generation of top leaders in CEE?

Paylab mapped the current trends in Compensation and Benefits and examined the ways in which the top three positions of Managing Director, Chief Executive Officer and Country Manager are compensated in Central and Eastern Europe. A total of 3,551 salary reports from top level managers in these three positions were analysed from 10 countries in the…

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Added by Daniela Berakova on July 6, 2017 at 9:00am — No Comments

How can you attract IT talents and IT specialists to work for you?

Many companies are currently feeling the effects of a lack of talented IT specialists with suitable skills on the labour market and have begun to look for talented help abroad. …

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Added by Daniela Berakova on June 15, 2017 at 10:00am — No Comments

How do companies benefit from gender diversity and female leadership?

Notwithstanding different regulations such as quotas, companies themselves have learned that gender diversity helps them achieve better results. Various scientific studies, at the university level and in various consulting and accounting firms, have begun examining this topic over the past 3 years. One of the most recognised is the Peterson Institute for International Economics in Washington,…

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Added by Daniela Berakova on May 29, 2017 at 7:00am — No Comments

5 strategic HR measures and incentives for businesses to help reduce workplace stress

Employees who experience no stress associated with performing their profession at work are in the minority. The Stress in the Workplace international survey conducted in 11 European countries with a sample of 58,508 employees and conducted by the international Paylab.com portal…

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Added by Daniela Berakova on May 19, 2017 at 9:30am — No Comments

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